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$650,000

Est. payment - /mo

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6,100 SqFt

Active

3400 W LAKE ST Chicago, IL 60624

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Cristina Gluszek

The Bempah Group

cristinagluszek@gmail.com +1(815) 557-3821

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 6,100 sqft

Price per Sqft $106

MLS Listing ID 12375011

Year Built 1891

Annual Tax Amount $6,562

Tax Year 2023

Lot Dimensions 50X115

Property Sub-Type Mixed Use

Property Description

Exceptional investment opportunity in East Garfield Park! This well-maintained 5-unit mixed-use building is ideally located just steps from the Garfield Park Conservatory and Kedzie Green Line, offering a diverse income stream with four commercial units and one residential unit. Current tenants include a beauty salon (leased through August 2028), an auto tint shop (month-to-month), and a convenience store (lease through July 1, 2027), with one commercial space-formerly a barber shop-currently vacant, offering additional upside. Zoned M1-3 with no current building violations, the property has seen recent improvements including updated plumbing, reinforced basement supports, tuckpointing, new flashing, and electrical upgrades. Tenants are responsible for all utilities except water/sewer/trash, which are split between two water bills for simplified management. Located directly across from Garfield Park and near the Metra UP-W, Kedzie Green Line, I-290, and just 10 minutes from Downtown and the United Center, this property offers both stability and long-term growth potential in one of Chicago's most rapidly evolving neighborhoods.

Location

State IL

County Cook

Area Chi - East Garfield Park

Zoning COMMR

Interior

Cooling Central Air

Flooring Carpet, Wood

Fireplace N

Building

Dwelling Type Mixed Use

Level or Stories 2

Structure Type Brick

Listed by Leticia Andrade • Fulton Grace Realty